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Question about NG chart. Could the recent upward movement from bottom blue band be considered bear flag? I am learning about chart reading, so please bear with me.
Yes exactly right. That looks like a bear flag. I also call channels like the blue one "spin-off" channels. They are born inside a larger channel, i.e. red, and continue the trend with a smaller slope.
Your charts are so much appreciated, for their clarity and projections. I follow your posts at OEW, and it's nice to come over here and offer you my thanks. As I manage to build some decent profits into 2015, I'll stop by again and tap the donate button.
You're most welcome. It's such a joy when I get messages like this. I hope 2015 will be your year of profits and of course donations are always appreciated.
If you call yourself a trader, which I'm assuming you do, then it should not be beyond your capability to figure this out yourself, yes? Sheesh!
ReplyDeleteQuestion about NG chart. Could the recent upward movement from bottom blue band be considered bear flag? I am learning about chart reading, so please bear with me.
ReplyDeleteYes exactly right. That looks like a bear flag. I also call channels like the blue one "spin-off" channels. They are born inside a larger channel, i.e. red, and continue the trend with a smaller slope.
ReplyDelete2.98 looking at today's prices. Of course the blue channel upper band is declining so the level of break out.
ReplyDelete@RideTheCurve I didn't ask you shit face!
ReplyDeleteOoohhhh, i'm shaking in my boots, Diaper boy
ReplyDeleteif you have nothing constructive to say why don't you shut the F**** up? and you better be shaking in your boots kid.
ReplyDeleteBlow me! Constructive enough?
ReplyDeleteGentlemen, I won't allow this here. Please stop it.
ReplyDeletesorry Bouraq I didn't know kids frequent your awesome blog...my apologies to you.
ReplyDeleteLet's talk about trading and only trading.
ReplyDeleteYour charts are so much appreciated, for their clarity and projections. I follow your posts at OEW, and it's nice to come over here and offer you my thanks. As I manage to build some decent profits into 2015, I'll stop by again and tap the donate button.
ReplyDeleteYou're most welcome. It's such a joy when I get messages like this. I hope 2015 will be your year of profits and of course donations are always appreciated.
ReplyDelete